29984 State Hwy 79Locust Fork, AL 35097

  • Turn key restaurants
  • 1,504 SF
Off market
$12,022,560 Estimated

Property Details for 29984 State Hwy 79

Year built
1995
Construction
CONCRETE BLOCKS
Lot size
1.20 AC
Property size (Sq ft)
1,504 SF
Zone code
2
Property type
Turn key restaurants
APN
14-06-13-0-000-031
APU
1406130000031

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $467,611
    6.5%
    $431,641
    7%
    $400,809
  • Comparable approach

    Method
    Valuation
    Relative Method
    $617,366
    Geo Method
    $739,293
  • Alternative Use

    Use
    Valuation
    Residential
    $364,105
    Hospitality
    $333,518
    Educational
    $277,483
    Medical
    $287,026
    Retail
    $431,641

Location Insight

City
Locust Fork
County
Blount
State
Alabama
Latitude
33.9904
Longitude
-86.5879
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,151
$6,000
$22,440
$28,440
-
$30,000
$146,960
$176,960

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